Mind Aps

CVR number: 35237437
Amagerbrogade 37, 2300 København S
kontakt@utzongraphics.dk
tel: 42221515
www.utzong.dk

Credit rating

Company information

Official name
Mind Aps
Personnel
2 persons
Established
2013
Company form
Private limited company
Industry
  • Expand more icon74Other professional, scientific and technical activities

About Mind Aps

Mind Aps (CVR number: 35237437) is a company from KØBENHAVN. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 14.1 % compared to the previous year. The operating profit percentage was poor at -41.6 % (EBIT: -0.2 mDKK), while net earnings were -152.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -39.2 %, which can be considered poor and Return on Equity (ROE) was -90.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Mind Aps's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales304.76377.10503.55397.43453.43
Gross profit170.45207.81260.20198.97217.68
EBIT-69.105.14-52.50- 212.43- 188.78
Net earnings-59.740.30-41.97- 173.02- 152.89
Shareholders equity total101.25101.56168.13195.12142.23
Balance sheet total (assets)302.01251.77357.93471.60490.64
Net debt-0.47-2.24-23.65-9.41-5.82
Profitability
EBIT-%-22.7 %1.4 %-10.4 %-53.5 %-41.6 %
ROA-24.3 %1.9 %-17.2 %-51.2 %-39.2 %
ROE-45.6 %0.3 %-31.1 %-95.3 %-90.6 %
ROI-47.0 %5.1 %-38.9 %-117.0 %-111.9 %
Economic value added (EVA)-24.8439.85-5.24- 130.69- 103.94
Solvency
Equity ratio33.5 %40.3 %47.0 %41.4 %29.0 %
Gearing
Relative net indebtedness %65.7 %39.2 %33.0 %67.2 %75.6 %
Liquidity
Quick ratio1.51.71.91.71.4
Current ratio1.51.71.91.71.4
Cash and cash equivalents0.472.2423.659.415.82
Capital use efficiency
Trade debtors turnover (days)105.437.179.7177.2141.6
Net working capital %33.2 %26.9 %33.4 %49.1 %31.4 %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-39.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.0%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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